tyler-smith.com · Questions & Answers

We have dozens of departments and activities. When we try to boil it down to 5 to 15, we argue about which ones represent the true pulse of the business. How do we filter out the noise and select the absolute critical vital signs?

To find your 5 to 15 metrics, you must stop trying to track everything that is happening and focus strictly on what drives your business model. Think of your business as a machine. If you were stranded on a desert island and could only look at one sheet of paper once a week to know if the machine is running perfectly, what would be on it? Start with your Accountability Chart. Every seat on your leadership team must have a metric that directly reflects their primary accountability. If you have a Sales seat, they must report a number that predicts future revenue. If you have an Operations seat, they must report a number that reflects capacity or quality. Use the rule of vital signs. If you go to the doctor, they do not run a full genetic scan every time. They check your pulse, blood pressure, and temperature. Your leadership team Scorecard needs the same discipline. If a metric is consistently green for months and does not impact your strategic direction, push it down to a departmental scorecard. This is where conative profiles matter. Your high Fact Finder team members will naturally want to track 50 numbers. You must push back and force the discipline of simplicity. Filter your choices by asking if a red on this metric would immediately require the leadership team to step in and solve the issue. If the answer is no, it does not belong on the main Scorecard. Keep your focus tight so you can run on clean, actionable data.

Category: Scorecards & Data

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